IEF Entrepreneurship Weekly Vol 1.17

News for the week, 25th April to 1st May, 2016

The Big Story for Entrepreneurs this week!

IIT incubation plans on fast track to boost new business ideas – With the government pushing for startup incubation, a culture shift is underway at the new IITs, which have put their incubation plans on fast track. Several of the new IITs, including the ones in Patna, Ropar, Mandi, Gandhinagar and Hyderabad, are in the process of setting up new incubators and strengthening the existing ones. Click here to read more >

National News

President invites New Zealand to join Make in India initiative President Pranab Mukherjee, in his speech during a banquet hosted in his honour by New Zealand Governor General, invited New Zealand investors and entrepreneurs to participate in the “Make in India” initiative. Click here to read more >

Lufthansa closes entries for new season of ‘Runway to Success’ Attracting 27,000 applications in its last season, Runway to Success is as one of India’s biggest platforms for SMEs to be discovered and recognised. In its fourth consecutive season, the event is gearing up again to celebrate Indian entrepreneurs. Click here to read more >

States In The News

RBI Governor makes a strong pitch for creating linkages of finance in the state | Speaking at a luncheon meeting with Chief Minister Mehbooba Mufti, RBI Governor Raghuram Rajan expressed hope that creating linkages of finance in Jammu and Kashmir will help integrate it with the rest of the country and empower young local entrepreneurs. Read details here >

Talk on ‘Business and its potentialities in Nagaland’ held | At the 9th Phase of the ‘Morung: Heart of Listening and Back to one’s roots’, held on April 30 at the ASU headquarters, Kuolachalie Seyie, a prominent Businessman and Social worker spoke on ‘Business and its potentialities in Nagaland’. Read more here >

Admissions for Social Entrepreneurship related course at EDII, Ahmedabad announced | Admissions for EDII’s flagship course, PG Diploma in Management: Development Studies, for 2016-18 have been announced. This is a highly acclaimed course in entrepreneurship management in India. Read more here >

Other Interesting Reads

While there is a lot of encouragement from the Nagaland Government to take up entrepreneurship, the writer points out the need for aggressive awareness programmes with no political roots to truly make private employment just as attractive as any other career.

In an interview, Pankaj Jain, partner at 500 Startups, draws attenton to some uniques values that Silicon Valley can pick up from Indian entrepreneurs – whether it is the question of choice or a deep intuitive understanding of one’s own business.

Citing the unique and far more pressing challenges present in less developed parts of the world, this Blogger establishes the growing role of Social enrepreneurs and how they’re making a remarkable difference.